1,9573. GBP USD is in an downtrend directed by 4H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. There is an horizontal range between 1,9500 and 1,9650. Support and resistance are given by Bollinger bands. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. If the support is broken then the target will be 1,9200.
1,9590 - 1,9650
1,9500 - 1,9450